In this chapter, the following content will be: What is ethics, and why is it important to act according to a code of principles? Why is business ethics becoming increasingly important? What are corporations doing to improve business ethics? Why are corporations interested in fostering good business ethics? | Lecture 8 Ethics in Information Technology, Objectives What is ethics, and why is it important to act according to a code of principles? Why is business ethics becoming increasingly important? What are corporations doing to improve business ethics? Why are corporations interested in fostering good business ethics? Book Page 2 Objectives (continued) What approach can you take to ensure ethical decision making? What trends have increased the risk of using information technology unethically? Book Page 2 Quote of the Day It has become appallingly obvious that our technology has exceeded our humanity. ~Albert Einstein Technology and the Technological Environment Technology The totality of the means employed to provide objects necessary for human sustenance and comfort 0 Chapter 9 Business Ethics and Technology Characteristics of Technology Benefits of Technology Increased production of goods and services Reduced amount of labor needed to produce goods and services Made labor easier and safer Increased productivity Increased standard of living Increased life expectancy 0 Chapter 9 Business Ethics and Technology Side Effects of Technology Side Effects and Challenges of Technology Environmental pollution Depletion of natural resources Technological unemployment Creation of unsatisfying jobs 0 Chapter 9 Business Ethics and Technology Symptoms of Society’s Intoxication with Technology We favor the quick fix We fear and worship technology We blur the distinction between what is real and fake We accept violence as normal We love technology as a toy We live our lives distanced and distracted Find the Right Balance! 0 Chapter 9 Business Ethics and Technology Information Technology Biotechnology Electronic Commerce Computer technology in the workplace Information Technology 0 Chapter 9 Business Ethics and Technology Electronic Commerce Key Issues in e-Commerce Ethics Access Intellectual property Privacy | Lecture 8 Ethics in Information Technology, Objectives What is ethics, and why is it important to act according to a code of principles? Why is business ethics becoming increasingly important? What are corporations doing to improve business ethics? Why are corporations interested in fostering good business ethics? Book Page 2 Objectives (continued) What approach can you take to ensure ethical decision making? What trends have increased the risk of using information technology unethically? Book Page 2 Quote of the Day It has become appallingly obvious that our technology has exceeded our humanity. ~Albert Einstein Technology and the Technological Environment Technology The totality of the means employed to provide objects necessary for human sustenance and comfort 0 Chapter 9 Business Ethics and Technology Characteristics of Technology Benefits of Technology Increased production of goods and services Reduced amount of labor needed to produce .